Beyoncé Knowles will reportedly play the Bermuda Music Festival for £250,000.

The ex-Destiny's Child singer will also apparently be given a further £250,000 to cover her expenses.

Organiser Rock Newman commented: "This event will garner more worldwide attention for Bermuda than anything that has ever happened here.

"Folks around the world are going to say 'Bermuda has got it going on!'"

Other acts expected to play the bash include Alicia Keys, Solange Knowles and UB40. It takes place on October 1,2,3 and 4.